Life insurance in retirement – protection and peace of mind! Retirement planning for seniors with life insurance products is like using life insurance not just as death benefit, but also as a potential financial tool during retirement. Some life insurance policies have cash value components that can be accessed during retirement. Think of it as having a financial safety net that can also provide living benefits. The twist? Life insurance can be more complex than just a death benefit. Understanding different types of policies and their uses is important. Actionable Tip: Learn about different types of insurance, including life insurance. Understanding insurance is a key part of financial literacy and risk management.